Trade Cheating Restitution Act
Official: Trade Cheating Restitution Act of 2026
The Trade Cheating Restitution Act updates rules for distributing interest from trade duties, ensuring that affected individuals receive fair compensation. This change aims to support those impacted by unfair trade practices.
1. This bill changes how interest from certain trade duties is distributed. 2. It allows for special payments to people affected by unfair trade practices. 3. The bill updates the eligibility rules for receiving these payments. 4. It requires U.S. Customs and Border Protection to announce the distribution process. 5. Eligible individuals must have received payments in the past and file a certification.
Individuals and businesses that have received payments under previous trade laws.